Fletcher's fiscal 2026 underlying EBIT of NZD 414 million was 26% higher than the prior year. Operational improvements and sales volume growth underpinned 100 basis points of margin expansion. Shares rose 4%.
An improvement in the Australian and residential construction businesses is likely to lift ROIC.
Fletcher operates in cyclical and competitive markets with minimal differentiation and is prone to periods of operating deleverage and structural margin compression.
|
Metric
|
FBU
|
WES
|
HOLN
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.84 | 27.72 | 21.51 |
Price/Book Value | 1.01 | 10.36 | 2.47 |
Price/Sales | 0.67 | 1.75 | 2.48 |
Price/Cash Flow | 5.58 | 19.33 | 12.62 |
|
Metric
|
FBU
|
WES
|
HOLN
|
|---|---|---|---|
Quick Ratio | 0.58 | 0.34 | 0.74 |
Current Ratio | 1.42 | 1.12 | 1.09 |
Interest Coverage | 2.13 | 9.38 | 3.39 |
|
Metric
|
FBU
|
WES
|
HOLN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.94% | 10.36% | 5.67% |
Return on Equity (Normalized) | 6.07% | 35.50% | 12.73% |
Return on Invested Capital (Normalized) | 3.50% | 15.94% | 8.33% |
|
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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United States